Investment Q&A

Q: Hi guys I am thinking of buying 10.000 shares of dfn but don,t know the difference between the two . could you please explain and which one would you prefer , thanks again

Q: For the past 4 years or so, DFN fund management has increased the share count via bought deal, two times a year. While it should not matter in DFN's case because of it's business model, each share increase has caused the stock to tumble. It then creeps slowly upwards until the next increase causes it to tumble again. Some months ago DFN announced the "At-The-Market Equity Program" is renewed.

What does "At-The-Market Equity Program" mean? Presumably it also means they can still do large bought deals when the price is high, just that it won't be as predictable as the past years spring and fall issuance..?

Thanks for the ongoing great service.

Q: I am in a quandary, I have no idea what is going on with this split shares. I bought the capital shares at the low of oil stock companies, the shares were $.50. I know that it was highly leveraged and there was no value in the capital shares. I accepted the fact that they could be worthless by 2023, the time that they would be redeemed. I was hoping that the oil stock would recover and the net asset value would go back to $5 as it was in 2018. Well the underlining stocks have mostly hit 5 year highs, but yet the net value of the capital shares are about $ 2.00, so the way I read it the stocks would have to go up another 100 % to get to this value, if my calculations are correct. Rhis is not going to happen, I emailed the company but no response I just do not under stand why the value is so low. Do I have this right if so I blow these shares out. Sorry for the long winded question.
confused

Thanks
auftar

Q: I like the the Brookfield name. What is this involved in and is it a buy? What category would this fall in for Portfolio analysis
Thanks Terry

Q: I have held this fund for years and have enjoyed a dividend payment of 7 dollars each month for each 100 shares I hold. Since mid-November The price of shares/units have been falling. Am I missing something that is causing this decrease in value.

Q: Can you please explain what a " Annual Retraction Valuation Date " means to owners of the shares. Is this a do nothing situation? Your opinion would be appreciated.

Q: this seems to pay a high dividend and goes up most of the time over the past 14 years . would it be a good buy in a correction ?

Q: Thoughts on the growing discount to NAV (close to 30%) for GBTC. Could this be the canary in the coal mine for bitcoin?
If one was bullish on crypto would GBTC be a good call as I assume the discount may shrink some in a bull run for crypto.

Q: You have mentioned in past answers that you are not a fan of split corps.Why is that?

Also, what are your thoughts on these two funds.

Thanks

Q: Can you explain why the capital shares are paying a dividend and why it is so high. Also is it likely to be maintained? Thanks

Q: Time to cut losses on the company formerly known as Fairfax Africa? I like the idea of this stock but it has disappointed.

Q: These CEFs pay good dividends. Would you consider either a good investment from a Canadian point of view - with particular reference to tax liabilities inside a LIF account, or in a non-registered account?

Q: Could you please comment on Lifeco Split Corp. How high risk is this.

Q: Can you provide an overview of these products that are widely available in the US and not canada. I know they use leverage to generate returns and especially many pay higher dividends. i have tracked them against my other portfolio holdings and they have not done (in general) any worse than my other holdings in a correction. I like the nice dividends for my retirement - For example QYLD. how much more risk am i taking on?

Q: Could you please comment on Closed end Municipal Bond Funds in the U.S.? How are they leveraged, and are they a good safe investments as a hedge against more troubled times next year? Any picks?

Q: Hi 5i
I am still keeping an eye on BGI.un for a possible entry point and wondering with the pull back that has occurred over the past few months if the time is right to take a position or is there some negative news that has caused the pull back and I should be cautious? Appreciate you opinion. Thanks

Q: Is there a summary of Canadian Closed end funds that is available to view? Years ago, Financial Post carried a daily summary of this sector, but I cannot find that anymore.

Q: I hold riocan for income and some growth and I am up at 45% so far. For more income, do you think it is a good idea to sell and buy the global dividend spit fund ( GDV.to ) that has a dividend of 10% at the moment ? Advise me if you have a better suggestion or simply do nothing and keep riocan. BTW it is in a taxable account so I have to pay taxes on the move. Thanks and have a nice day.

Q: I have been encouraged to invest in this dividend split corp paying about 5.45%. Still explain the risk/benefit. Thank you so much.

Q: I am scratching my head on this one! I bought some very cheaply in the recent market sell off. I am looking at the NAV of $18.10 (Sept. pricing). That seems an extraordinarily steep discount to what it presently sells for. Am I reading it correctly? Further, I noticed it passed up a termination date some time back but has another at 2023 year end. What would convince them to shut it down? Shareholders like me or something else? If something else what could that look like?

TIA